Colliers global parking rate survey 2011

Following the release of the North American parking rates two weeks ago, Colliers this week released their global parking rates survey results.

Melbourne has now overtaken Sydney as the world’s
third most expensive place to park based on daily rates, at US$69.53 ($64.23) a
day, while Sydney was fourth at US$67.42. Only Copenhagen and Oslo were more
expensive, making Sydney and Melbourne more expensive for daily parking than
many of the world’s biggest cities including London, Paris and New York.

The relative strength of the Australia dollar will
have had a significant affect on the comparative rates, but despite this
Australia has consistently ranked highly in terms of daily and monthly parking
rates, driven by high demand and occupancy rates in CBD buildings, government
levies imposed on parking, combined with a desire from councils and governments
to reduce the number of cars in the cities themselves.

In Brisbane, the daily parking rate is US$41.09, while
in Perth it is US$32.66 and in Adelaide US$24.44.

View the full report online at the Colliers site here.

Share this:

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our blog
  • You can unsubscribe at any time using the link in our emails. For more details, review our Privacy Policy.
  • This field is for validation purposes and should be left unchanged.

Subscribe to receive the latest Wayfinding Blog straight to your inbox.
  • This field is for validation purposes and should be left unchanged.